A head-to-head comparison of Moneta Markets and Tickmill across regulation, trading costs, platforms, and editorial scoring.
Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.
Among the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.
Tickmill edges ahead with a score of 4.3/5 vs Moneta Markets's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0 pips.
Tickmill has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Moneta Markets offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Tickmill edges out Moneta Markets with a higher editorial score (4.3/5 vs 4.1/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.4 / 5▲ |
Fees & Spreads 30% weight | 4.4 / 5 | 4.5 / 5▲ |
Platforms & Tools 20% weight | 4.0 / 5 | 4.0 / 5 |
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
| Founded | 2019 | 2014 |
| Headquarters | Sydney, Australia | London, United Kingdom |
| Min deposit | $50 | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $6/lot |
| Max leverage | 1000:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA ASIC FSA Seychelles | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Moneta Markets | Visit Tickmill |
Pros
ASIC, FSCA, and FSA Seychelles licensing - choice of regulatory framework
Pro ECN account: 0.0 pip spreads with $6 commission
MT4, MT5, and proprietary AppTrader platform
Strong localisation for Africa and Asia
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Industry-low commission of $6 round-turn on Pro account
Strong FCA, CySEC, and FSCA regulatory coverage
No dealing desk on Pro and Raw accounts
Negative balance protection for retail clients
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Founded 2019 - limited track record vs established competitors
Lower brand recognition outside Africa and Asia
FSA Seychelles entity offers limited investor protection
No investor compensation scheme
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Moneta Markets | Tickmill |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Based on our independent editorial scoring, Tickmill ranks higher with a score of 4.3/5 vs 4.1/5 for Moneta Markets. The best choice still depends on your individual trading needs; Moneta Markets and Tickmill may each suit different trader profiles.
Both Moneta Markets and Tickmill offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Moneta Markets has a lower minimum deposit of $50, while Tickmill requires at least $100. This makes Moneta Markets more accessible for traders with limited starting capital.
Both Moneta Markets and Tickmill hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Moneta Markets has a lower minimum deposit ($50), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Moneta Markets offers maximum leverage of 1000:1, while Tickmill offers up to 1000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both Moneta Markets and Tickmill charge the same commission of $6 per lot on applicable accounts.
Moneta Markets supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Tickmill offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; Moneta Markets exclusively offers Proprietary Web/Mobile.
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